Last month I reported on YouTube that we will be seeing an upswing in sales due to the high number of new contracts and jump of sales between January compared March. See the video here.
This month I have more good news. April was another healthy month on record for sales.
If you are starting to feel like it's slim pickings, that's because it is. There are just 378 units active for sale and more homes are receiving multiple bids.
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| April Showers Was Good For The Hoboken Condo Market! |
April Hoboken Condo Market Update
Sales:
For the month of April Hoboken saw 51 units close. The Median list price for those units sold was $449,000 and the Median sale price was $430,000. Average days on market was 77 days.
Pending:
For the month there were 75 units change to pending status. The median list price for those listed was $475,000 and the average days on market was 48 days.
Hoboken Brownstones
No sales were reported for the month, but a whopping 6 single family homes went under contract. The median list price for the month was $1.205 Million. Avg days on market was just 42 days.
Condo living is the right thing for many people.
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